Daily Forecast – Share Market – May 7^th, 2013

1. Mercury is heading for more close degrees to Sun. Hence, Mercury lord of Share Market of India can be deceptive. Because, Mercury is not in a position to give its results. Market will be affected due to political reasons; banks and financial reasons as well foreign clues may also affect this market. Because, Market has no its own direction.
2. I will like to trade watchfully. Profit booking in time or smartly is important. Market may show some positive trends, but may be deceptive be watchful.
3. Moon is transiting from the Nakshtra of Mercury and is giving strength to the house of share market, but that may give some strength to the market, indicates that number of shares may be more for advances but strength to the market is not so good.
4. Sun is heading close to South Node, so some down can be seen in gold, but good period for gold and copper cannot be ruled out. Indian rupee may be in a position to lose some position.